Gold price in India showed little change on Friday, based on the latest data from FXStreet. This steadiness in gold prices reflects current market trends and offers valuable insight for investors.
Gold Prices in India: Key Figures
As per FXStreet’s calculations, the India gold price was recorded at 7,229.12 Indian Rupees (INR) per gram. This represents minimal change compared to Thursday’s rate of INR 7,231.92 per gram. Similarly, the price per tola stood at INR 84,319.62, showing a slight dip from INR 84,351.63 on the previous day.
Here is a quick breakdown of gold prices in various measurements:
| Unit Measure | Gold Price in INR |
|---|---|
| 1 Gram | 7,229.12 |
| 10 Grams | 72,291.70 |
| Tola | 84,319.62 |
| Troy Ounce | 224,850.80 |
How Are Gold Prices Calculated?
Gold prices in India are determined by global gold rates, modified to reflect the local currency exchange rate (USD/INR) and standard measurement units. FXStreet gold data offers daily updates on these rates, reflecting global market trends at the time of publication. However, local prices may vary slightly due to regional factors such as demand, supply, and additional charges.
Why These Rates Matter
Stability in gold prices indicates a balanced market, making it an ideal time for buyers and investors to consider their options. Keeping track of daily updates ensures better decision-making for both long-term investments and short-term trades.
Conclusion and Further Insights
Gold remains a valuable asset for Indian investors, and understanding its daily price trends is essential. For further updates on daily gold prices, visit Daily Gold Signal. Additionally, explore more in-depth analysis and gold market insights on Daily Gold Update.
